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IRFC shares in focus as OFS worth Rs 2,212 crore opens for retail investors today. Here’s all you need to know
The Indian Railway Finance Corporation (IRFC) has launched an Offer for Sale (OFS) worth Rs 2,212 crore aimed at retail investors, opening today at a floor price of Rs 91 per share. This move is part of the government's ongoing disinvestment strategy targeting Public Sector Undertakings (PSUs). The OFS has already seen oversubscription from institutional investors, indicating strong market interest and support for the government's broader financial reforms and fiscal consolidation efforts.
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